Key Financial Inc Grows Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

Key Financial Inc raised its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 82,562 shares of the company’s stock after purchasing an additional 5,108 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises 1.4% of Key Financial Inc’s portfolio, making the stock its 14th biggest position. Key Financial Inc’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $8,084,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SPYG. United Financial Planning Group LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth approximately $25,000. Financial Life Planners purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at approximately $26,000. Hantz Financial Services Inc. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 583.8% in the fourth quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock worth $27,000 after buying an additional 216 shares in the last quarter. New Millennium Group LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth approximately $29,000. Finally, Greenline Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth $31,000.

SPDR Portfolio S&P 500 Growth ETF Trading Up 1.3%

SPYG opened at $118.99 on Wednesday. The firm has a market cap of $52.43 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $93.61 and a 12 month high of $122.92. The stock has a fifty day moving average price of $116.92 and a 200-day moving average price of $108.95.

About SPDR Portfolio S&P 500 Growth ETF

SPDR S&P 500 Growth ETF (the Fund), formerly SPDR Dow Jones Large Cap Growth ETF, focuses to provide investment results, which correspond to the total return performance of an index tracks the performance of exchange traded the equity securities. The SPDR S&P 500 Growth ETF matches the returns and characteristics of the S&P 500 Growth Index (the Index). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.